Falling or rising Sydney market?

Discussion in 'Renovation & Home Improvement' started by Propertunity, 26th Jan, 2019.

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  1. Propertunity

    Propertunity Well-Known Member

    Joined:
    19th Jun, 2015
    Posts:
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    Location:
    NSW
    https://www.domain.com.au/news/buyers-snap-up-homes-in-falling-sydney-market-but-some-suburbs-buck-the-trend

    Top 10 house price declines
    Suburb Median Price ∆YoY
    Penshurst $1,060,000 -19.7%
    Lane Cove $1,800,000 -18.2%
    Glebe $1,580,000 -17.7%
    Rose Bay $3,375,000 -17.5%
    Redfern $1,386,000 -16.8%
    Castle Hill $1,335,000 -16.6%
    North Bondi $2,560,000 -16.1%
    Peakhurst $1,000,000 -15.8%
    Lindfield $2,385,000 -15.7%
    Forestville $1,436,000 -15.6%
    Source: Domain House Price Report, December Quarter 2018.

    Top 10 house price increases
    Suburb Median Price ∆YoY
    Blakehurst $1,900,000 11.8%
    Cremorne $2,700,000 11.1%
    Surry Hills $1,785,000 10.2%
    Paddington $2,505,000 8.9%
    Vaucluse $5,100,000 8.2%
    Camden South $708,750 6.2%
    Fairlight $2,328,500 5.8%
    Mosman $3,762,500 5.2%
    Lilyfield $1,755,000 5.1%
    Avalon Beach $1,822,500 4.1%
    Source: Domain House Price Report, December Quarter 2018.

    Kinda makes a mockery out of headlines stating that Sydney property has fallen 9.9%.
     
    Propertunity, 26th Jan, 2019
    #1